Question
The following table tracks the main components of working capital over the life of a four-year project. 2010 2011 2012 2013 2014 Accounts receivable 0
| The following table tracks the main components of working capital over the life of a four-year project. |
| 2010 | 2011 | 2012 | 2013 | 2014 | |
| Accounts receivable | 0 | 164,000 | 239,000 | 204,000 | 0 |
| Inventory | 82,000 | 137,000 | 137,000 | 102,000 | 0 |
| Accounts payable | 28,500 | 53,500 | 57,000 | 38,500 | 0 |
| Calculate net working capital and the cash inflows and outflows due to investment in working capital. (Leave no cells blank - be certain to enter 0 wherever required. Negative amounts should be indicated by a minus sign.) |
| 2010 | 2011 | 2012 | 2013 | 2014 | |
| Working capital | |||||
| Cash flows |
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
